Report Summary
Symbotic is a warehouse automation technology leader and offers end-to-end AI-powered robotic and software platform for supply chains. SYM’s hi-tech platform forms its deep competitive moat underpinned by significant R&D spend of $800 million and 575 issued or pending patents. Our positive outlook for SYM is underpinned by its hi-tech platform , a large TAM, robust order backlog ($23.2B) and its JV deal with Softbank that opens a large market.